With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.

Borrowers in default are able to rehabilitate their loans by making ... there are other ways for borrowers to “discharge” their debt. Unlike some other consumer loans, student loans can only be ...

Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security benefits taken and their wages garnished.

A loan generally becomes delinquent when a payment is late by more than 90 days, while a default occurs after around 270 days of missed payments.

The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a ...

The Consumer Financial Protection Bureau estimated in January that 452,000 people aged 62 and older have student loans in default.

More than 450,000 borrowers in that age group are in default on their federal student loans and likely to be receiving Social Security benefits, the Consumer Financial Protection Bureau found.

Social Security beneficiaries are at risk of receiving a smaller benefit if they’ve fallen behind on their student loans.

Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came ...

CNBC spoke with some of the student loan borrowers in default who are bracing for the consequences of wage garnishments and ...

The Trump administration is resuming collection of loans that are in default. According to the U.S. Department of Education, about 5 million borrowers have defaulted on their student loans. And ...